Author: Ayesha Rascoe and Tom Doggett, Reuters

  • U.S. to halt 33 exploration rigs in deepwater review

    The U.S. government ordered a temporary halt to drilling at 33 deepwater exploration rigs on Thursday, part of a broader response to the massive BP oil spill that threatens efforts to tap offshore fields seen as crucial to increased U.S. oil output. The move may potentially delay project development plans by companies like Chevron Corp…